Page 2208 - Commodity News
Zinc sheds 0.2% on subdued demand, profit-booking
Firm trends overseas on optimism over Japanese govt plans to boost economy cap losses
Aluminium loses 0.1% on profit-booking
Gains in the entire base metals pack at the London Metal Exchange caps losses
Lead softens as speculators book gains
Jan, Feb contracts lose 0.3%, but gains on LME, Japanese stimulus plan restrict losses
Nickel up marginally on higher demand
Jan, Feb contracts gain 0.6% and 0.3% respectively on greater pick-up from alloy makers
Crude palm oil sheds 1% on overseas cues
Speculators offload positions as oil loses 1.2% in Malaysia
Mentha oil up on strong export, spot demand
Lower arrivals from producing belts push Jan and Feb prices up by 0.5% and 0.4% respectively
Cardamom down on low demand, ample supply
Jan and Feb deliveries shed 0.7% and 0.54% respectively on higher arrivals from producing belts
Sugar sheds 0.37% on sluggish demand
Speculators offloaded positions on negative cues from spot market, higher supplies
Chana down 0.76% on profit-booking
Hopes of higher putput also put pressure on the trade
Coriander up 3.67% on restricted stocks
Pick-up in spot demand supported the trade
Chilli up 2.82% on export demand
Tight spot market supplies triggered the uptrend
Potato up 1.44% on high spot demand
Restricted arrivals supported the trade
Jeera recovers 0.70% on short-covering
Ongoing sowing operations limited the gains
Pepper up 0.95% on spot demand
Higher putput limited the gains
Jute industry to lose Rs 500 cr business on supply shortfall
Shortfall in availibility of jute bags is expected to be met by synthetic bags - polypropylene (PP) and high-density polyethylene (HDPE) bags
Wheat and cotton in India buck the global trend
Prices fall in India on surplus supplies, jump overseas due to lower output